URE

Ultra Real Estate

Investment Objective

ProShares Ultra Real Estate seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Real EstateSM Index.

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Daily Return during Q1 2023

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
URE Market Price -10.11% 5.15% -17.79% -49.64% -49.64% -11.98% -1.49% 6.44% -5.27% 01/30/2007
URE NAV -10.14% 5.16% -17.54% -49.40% -49.40% -11.91% -1.43% 6.45% -5.26% 01/30/2007

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker URE
  • Intraday Ticker URE.IV
  • CUSIP 74347X625
  • Inception Date 1/30/07
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 1.04%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 1/27/2023
  • NAV $68.45
  • NAV Change $+1.34 up caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.17%
  • View Premium / Discount
Snapshot
  • Ticker URE
  • Intraday Ticker URE.IV
  • CUSIP 74347X625
  • Inception Date 1/30/07
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 1.04%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 1/27/2023
  • NAV $68.45
  • NAV Change $+1.34 up caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.17%
  • View Premium / Discount

The expense ratio above has a contractual waiver ending 9/30/23.

Exposures

Index as of 12/30/2022

Holdings

as of 1/27/2023

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
73.06% -- DJ U.S. REAL ESTATE INDEX SWAP UBS AG 56,705,872 -- 158,538 --
14.45% -- DJ U.S. REAL ESTATE INDEX SWAP GOLDMAN SACHS INTERNATIONAL 11,215,772 -- 31,357 --
10.97% -- DJ U.S. REAL ESTATE INDEX SWAP BANK OF AMERICA NA 8,511,353 -- 23,796 --
7.55% PLD PROLOGIS INC -- $5,859,159.84 45,126 B44WZD7
7.32% -- DJ U.S. REAL ESTATE INDEX SWAP CITIBANK NA 5,678,170 -- 15,875 --
7.05% -- DJ U.S. REAL ESTATE INDEX SWAP BNP PARIBAS 5,468,212 -- 15,288 --
6.47% AMT AMERICAN TOWER CORP -- $5,025,621.98 22,762 B7FBFL2
5.64% -- DJ U.S. REAL ESTATE INDEX SWAP SOCIETE GENERALE 4,374,784 -- 12,231 --
4.26% EQIX EQUINIX INC -- $3,303,515.28 4,524 BVLZX12
3.98% CCI CROWN CASTLE INC -- $3,092,301.90 21,170 BTGQCX1
2.98% PSA PUBLIC STORAGE -- $2,313,144.96 7,728 2852533
2.70% O REALTY INCOME CORP -- $2,094,009.70 30,659 2724193
2.65% SPG SIMON PROPERTY GROUP INC -- $2,055,573.63 15,983 2812452
2.24% WELL WELLTOWER INC -- $1,736,889.00 23,100 BYVYHH4
2.07% VICI VICI PROPERTIES INC -- $1,607,413.62 47,083 BYWH073
2.02% DLR DIGITAL REALTY TRUST INC -- $1,564,573.36 14,056 B03GQS4
1.99% CSGP COSTAR GROUP INC -- $1,546,421.96 19,882 2262864
1.97% SBAC SBA COMMUNICATIONS CORP -- $1,525,789.37 5,279 BZ6TS23
1.68% CBRE CBRE GROUP INC - A -- $1,304,569.16 15,446 B6WVMH3
1.59% WY WEYERHAEUSER CO -- $1,234,730.64 35,977 2958936
1.56% AVB AVALONBAY COMMUNITIES INC -- $1,214,059.28 6,839 2131179
1.51% ARE ALEXANDRIA REAL ESTATE EQUIT -- $1,172,964.00 7,300 2009210
1.36% EQR EQUITY RESIDENTIAL -- $1,053,550.08 16,628 2319157
1.33% EXR EXTRA SPACE STORAGE INC -- $1,031,899.32 6,548 B02HWR9
1.30% VTR VENTAS INC -- $1,008,654.80 19,540 2927925
1.20% MAA MID-AMERICA APARTMENT COMM -- $931,142.75 5,645 2589132
1.19% INVH INVITATION HOMES INC -- $924,257.25 28,395 BD81GW9
1.17% SUI SUN COMMUNITIES INC -- $909,308.40 6,056 2860257
1.12% WPC WP CAREY INC -- $870,043.50 10,170 B826YT8
1.01% IRM IRON MOUNTAIN INC -- $782,654.84 14,212 BVFTF03
0.93% PEAK HEALTHPEAK PROPERTIES INC -- $723,460.87 26,279 BJBLRK3
0.91% ESS ESSEX PROPERTY TRUST INC -- $707,347.72 3,166 2316619
0.88% KIM KIMCO REALTY CORP -- $684,822.75 30,235 2491594
0.86% GLPI GAMING AND LEISURE PROPERTIE -- $666,640.50 12,590 BFPK4S5
0.84% HST HOST HOTELS & RESORTS INC -- $651,211.65 34,955 2567503
0.82% CPT CAMDEN PROPERTY TRUST -- $633,431.55 5,207 2166320
0.81% UDR UDR INC -- $627,871.20 14,960 2727910
0.76% ELS EQUITY LIFESTYLE PROPERTIES -- $590,157.00 8,553 2563125
0.73% REXR REXFORD INDUSTRIAL REALTY IN -- $566,724.60 8,970 BC9ZHL9
0.69% NLY ANNALY CAPITAL MANAGEMENT IN -- $533,832.48 22,872 BPMQ7X2
0.66% BXP BOSTON PROPERTIES INC -- $513,910.10 6,973 2019479
0.65% AMH AMERICAN HOMES 4 RENT- A -- $506,118.65 15,005 BCF5RR9
0.65% REG REGENCY CENTERS CORP -- $505,639.50 7,530 2726177
0.63% CUBE CUBESMART -- $490,915.80 10,980 B6SW913
0.57% LAMR LAMAR ADVERTISING CO-A -- $446,223.60 4,266 BSPHGN6
0.57% LSI LIFE STORAGE INC -- $440,536.00 4,156 BDCSFJ6
0.54% JLL JONES LANG LASALLE INC -- $420,616.00 2,320 2040640
0.54% COLD AMERICOLD REALTY TRUST INC -- $419,201.10 13,170 B3SKZK7
0.54% STOR STORE CAPITAL CORP -- $418,310.20 12,991 BSKRKJ5
0.54% NNN NATIONAL RETAIL PROPERTIES -- $416,627.84 8,738 2211811
0.52% HR HEALTHCARE REALTY TRUST INC -- $400,565.65 18,605 BPQWHP8
0.51% FRT FEDERAL REALTY INVS TRUST -- $398,072.12 3,574 BN7P9B2
0.49% MPW MEDICAL PROPERTIES TRUST INC -- $381,796.04 29,234 B0JL5L9
0.46% EGP EASTGROUP PROPERTIES INC -- $359,480.10 2,130 2455761
0.46% Z ZILLOW GROUP INC - C -- $354,875.84 7,964 BYXJF62
0.44% FR FIRST INDUSTRIAL REALTY TR -- $343,672.00 6,460 2360757
0.44% BRX BRIXMOR PROPERTY GROUP INC -- $342,357.70 14,662 BFTDJL8
0.43% OHI OMEGA HEALTHCARE INVESTORS -- $332,678.88 11,448 2043274
0.42% AGNC AGNC INVESTMENT CORP -- $326,385.92 27,944 BYYHJL8
0.41% ADC AGREE REALTY CORP -- $321,663.37 4,331 2062161
0.40% STAG STAG INDUSTRIAL INC -- $313,643.80 8,761 B64BRQ5
0.40% STWD STARWOOD PROPERTY TRUST INC -- $313,143.15 15,135 B3PQ520
0.38% SRC SPIRIT REALTY CAPITAL INC -- $292,810.03 6,827 BHHZBZ8
0.36% AIRC APARTMENT INCOME REIT CO -- $278,906.50 7,330 BN6QGL5
0.33% RYN RAYONIER INC -- $256,327.98 7,158 2473138
0.28% RITM RITHM CAPITAL CORP -- $216,054.81 23,157 BRJ9GW0
0.27% KRC KILROY REALTY CORP -- $209,845.02 5,142 2495529
0.26% CUZ COUSINS PROPERTIES INC -- $202,842.20 7,403 BJP0MF6
0.26% BXMT BLACKSTONE MORTGAGE TRU-CL A -- $198,598.35 8,355 B94QHZ0
0.25% PCH POTLATCHDELTIC CORP -- $192,592.73 3,949 B0XXJN1
0.24% VNO VORNADO REALTY TRUST -- $185,086.00 7,876 2933632
0.24% -- DJ U.S. REAL ESTATE INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC 182,774 -- 511 --
0.23% DOC PHYSICIANS REALTY TRUST -- $175,642.66 11,159 BC9S149
0.22% NSA NATIONAL STORAGE AFFILIATES -- $167,056.76 4,132 BWWCK85
0.20% HIW HIGHWOODS PROPERTIES INC -- $155,442.66 5,142 2420640
0.20% OFC CORPORATE OFFICE PROPERTIES -- $155,262.00 5,496 2756152
0.20% LXP LXP INDUSTRIAL TRUST -- $154,862.22 13,478 2139151
0.20% SBRA SABRA HEALTH CARE REIT INC -- $151,976.86 11,291 B5NLBP6
0.19% HHC HOWARD HUGHES CORP/THE -- $144,906.30 1,683 B5VR4H9
0.18% DEI DOUGLAS EMMETT INC -- $141,371.30 8,594 B1G3M58
0.18% EQC EQUITY COMMONWEALTH -- $135,997.00 5,350 BPH3N63
0.16% SLG SL GREEN REALTY CORP -- $124,188.00 3,144 BPGKM57
0.16% ZG ZILLOW GROUP INC - A -- $123,046.25 2,845 BVYJBR3
0.16% NHI NATL HEALTH INVESTORS INC -- $122,296.86 2,121 2626125
0.12% JBGS JBG SMITH PROPERTIES -- $96,296.10 4,839 BD3BX01
0.06% OPEN OPENDOOR TECHNOLOGIES INC -- $50,344.00 24,800 BL96T19
-- -- NET OTHER ASSETS (LIABILITIES) -- $14,371,022.94 14,371,023 --

Index

as of 12/30/2022

  • Total Number of Companies79
  • Price/Earnings Ratio33.19
  • Price/Book Ratio2.448
  • Dividend Yield ( % )4.22
  • Avg. Index Market Capitalization$15.26 billion
About the Index

The Dow Jones U.S. Real Estate Index measures the performance of the real estate industry of the U.S. equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts ("REITs") that invest in apartments, office and retail properties. REITs are passive investment vehicles that invest primarily in income-producing real estate or real estate related loans or interests.

Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

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For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return, and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. Leveraged ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

The fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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